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Indonesian (IDX) Steel Industry Analysis

UpdatedSep 01, 2026
DataAggregated Company Financials
Companies9
  • 7D3.8%
  • 3M18.6%
  • 1Y59.2%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 1.6%, driven by gains from Alamtri Minerals Indonesia of 4.2%. This takes the industry's 12 month performance to a gain of 53%. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 01 Sep 2026Rp85.3tRp55.6tRp13.8t8.2x6.2x1.5x
Thu, 30 Jul 2026Rp71.1tRp51.1tRp12.2t11.1x5.8x1.4x
Sat, 27 Jun 2026Rp67.4tRp50.4tRp12.1t10.6x5.6x1.3x
Mon, 25 May 2026Rp73.7tRp50.0tRp11.9t12.6x6.2x1.5x
Wed, 22 Apr 2026Rp91.2tRp47.2tRp10.3t13.1x8.9x1.9x
Fri, 20 Mar 2026Rp94.7tRp47.5tRp5.6t9x17x2x
Sun, 15 Feb 2026Rp92.9tRp48.0tRp6.0t10.4x15.4x1.9x
Tue, 13 Jan 2026Rp96.4tRp48.0tRp6.0t12.2x15.9x2x
Thu, 11 Dec 2025Rp74.1tRp47.5tRp6.0t11.1x12.4x1.6x
Sat, 08 Nov 2025Rp72.0tRp47.9tRp6.4t10.4x11.2x1.5x
Mon, 06 Oct 2025Rp59.6tRp47.5tRp2.5t14.9x23.5x1.3x
Wed, 03 Sep 2025Rp54.6tRp48.5tRp3.5t11.6x15.8x1.1x
Fri, 01 Aug 2025Rp55.4tRp44.9tRp3.8t11.5x14.7x1.2x
Sun, 29 Jun 2025Rp49.2tRp44.2tRp4.1t10.5x12.1x1.1x
Tue, 27 May 2025Rp50.2tRp44.2tRp4.1t11.4x12.3x1.1x
Thu, 24 Apr 2025Rp47.8tRp52.1tRp4.0t6.6x12x0.9x
Sat, 22 Mar 2025Rp46.6tRp53.0tRp4.2t7.1x11.2x0.9x
Mon, 17 Feb 2025Rp42.1tRp55.8tRp6.0t4x7x0.8x
Wed, 15 Jan 2025Rp51.5tRp55.8tRp5.9t5x8.7x0.9x
Fri, 13 Dec 2024Rp61.3tRp54.9tRp5.8t6.2x10.5x1.1x
Sun, 10 Nov 2024Rp68.2tRp54.1tRp5.7t7x11.9x1.3x
Tue, 08 Oct 2024Rp78.7tRp56.3tRp8.5t6.3x9.3x1.4x
Thu, 05 Sep 2024Rp67.0tRp55.8tRp6.9t6.4x9.7x1.2x
Sat, 03 Aug 2024Rp68.2tRp56.2tRp6.4t6.4x10.7x1.2x
Mon, 01 Jul 2024Rp65.3tRp65.5tRp7.0t6.9x9.4x1x
Wed, 29 May 2024Rp72.4tRp67.8tRp7.1t6.9x10.3x1.1x
Fri, 26 Apr 2024Rp67.4tRp68.8tRp6.5t7.5x10.4x1x
Sun, 24 Mar 2024Rp66.7tRp67.5tRp6.3t7.6x10.6x1x
Tue, 20 Feb 2024Rp69.6tRp65.8tRp3.8t10x18.2x1.1x
Thu, 18 Jan 2024Rp65.5tRp65.9tRp3.8t11.2x17.1x1x
Sat, 16 Dec 2023Rp70.7tRp65.5tRp3.8t11.3x18.6x1.1x
Mon, 13 Nov 2023Rp61.6tRp71.5tRp4.6t8.9x13.3x0.9x
Wed, 11 Oct 2023Rp69.1tRp71.2tRp4.5t9.9x15.4x1x
Fri, 08 Sep 2023Rp70.2tRp69.6tRp4.4t10.1x16x1x
Price to Earnings Ratio

16x


Total Market Cap: Rp70.2tTotal Earnings: Rp4.4tTotal Revenue: Rp69.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 12.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.1x which is lower than its 3-year average PE of 12.3x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 46% per year over the last three years.
  • Meanwhile revenues for these companies have declined 7.2% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market0.15%
Materials-0.17%
Metals and Mining-0.11%
Steel3.83%
Gold2.76%
Aluminum0.78%
Diversified Metals and Mining0.13%
Copper-3.78%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KRAS Krakatau Steel (Persero)Rp244.007.0%
+Rp309.5b		-21.3%PE0.6x
ADMR Alamtri Minerals IndonesiaRp1.69k0.3%
+Rp204.4b		69.3%PE12.7x
GGRP Gunung Raja PaksiRp312.003.3%
+Rp121.1b		40.5%PS1x
BAJA Saranacentral BajatamaRp294.0014.0%
+Rp64.8b		137.1%PE366.1x
LABA Green Power GroupRp123.0023.0%
+Rp25.4b		n/aPE5.8x

Latest News

ADMR
Rp1,685.00
Alamtri Minerals Indonesia
7D
0.3%
1Y
69.3%
LABA
Rp123.00
Green Power Group
7D
23.0%
1Y
n/a
GDST
Rp112.00
Gunawan Dianjaya Steel
7D
-1.8%
1Y
3.7%
BAJA
Rp294.00
Saranacentral Bajatama
7D
14.0%
1Y
137.1%
KRAS
Rp244.00
Krakatau Steel (Persero)
7D
7.0%
1Y
-21.3%
NIKL
Rp204.00
Pelat Timah Nusantara
7D
1.0%
1Y
-11.3%
GGRP
Rp312.00
Gunung Raja Paksi
7D
3.3%
1Y
40.5%
BTON
Rp366.00
Betonjaya Manunggal
7D
-0.5%
1Y
-0.5%
ISSP
Rp426.00
Steel Pipe Industry of Indonesia
7D
-0.5%
1Y
1.4%